Strategy now holds 842,138 BTC and just bumped its USD Reserve to $4.0B while repurchasing $81M of $STRC.
They're extending USD Duration to 2.3 years and tightening STRC's BTC Credit spread by 5 bps....
It should be mentioned that this was done by further diluting their common stock.
Sorta like stealing from common stockholders to give to preferred stockholders
Sorta like stealing from common stockholders to give to preferred stockholders
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